WSJ – A federal judge, in an opinion made public Tuesday, said that prosecutors can play at Rajat Gupta’s insider-trading trial secretly recorded phone calls captured from the cellular phone of Raj Rajaratnam, a hedge-fund manager he alleged tipped. The phone calls […]

SF Chronicle  – Mark Driver, who worked for banks in London and Hong Kong before helping found a hedge fund, yesterday began planting vines on the coast of England where he aims to produce sparkling wine to match France’s finest. Rathfinny, […]

Bloomberg – Ex-Goldman Sachs Group Inc. traders led by Pierre-Henri Flamand and Morgan Sze raised more than $4.5 billion for their own hedge funds, helped by the experience of having worked at what once was Wall Street’s most profitable securities […]

Reuters – Hedge fund COMAC Capital, the $5.2 billion macro fund run by Colm O\\\’Shea, is bracing for a fresh round of turmoil in European markets, people familiar with the fund said, and is sticking to its bearish strategy despite […]

Hedge-fund performance continued to improve in February but lagged the broader equity market, according to the latest data from investment researcher Morningstar Inc. The Morningstar MSCI Composite Hedge Fund Index, an asset-weighted composite of nearly 1,000 hedge funds, rose 1.2% […]

The global hedge fund industry recently crossed the $2 trillion mark in assets under management, a symbolically important accomplishment given the turmoil inflicted on the industry by the financial crisis. But as investors have returned and performance has picked back […]

Just before the financial crisis began in September 2008, a prominent hedge fund appeared well positioned to take advantage of any turmoil in the markets. That fund, Copper River Partners, had made sizable bets months earlier against companies whose stocks […]

FORTUNE — As he gears up for the final stretch in the marathon that is the Republican nomination campaign, Mitt Romney has no shortage of eminent financiers to call on — for advice or money. Billionaire hedge fund titans such […]

Businessweek.com – There is a reason hedge fund managers are paid so handsomely. They are considered to be smarter than everybody else when it comes to investing. But that has not been the case recently. Last year was a terrible […]

Biz Journal – The court-appointed receiver for Sean M. Mueller — the Denver-area hedge fund manager convicted of racketeering, securities fraud and theft — this month filed a $26 million claim against the broker-dealers who operated hedge funds for Mueller, alleging they […]

Economic Times – Goldman Sachs Group Inc lost its bid to dismiss a lawsuit accusing it of defrauding investors by selling risky debt linked to subprime mortgages that it planned to bet against. The decision by US district judge Victor Marrero in New […]

The Street – Nowadays readers have access to Websites that track the daily changes in billionaires’ wealth. We wanted to track the performance of billionaires’ top stock picks. By looking at our Billionaire Hedge Fund Index , investors may be […]